Category: Industry News

Cusp of Recession. Is this what the beginning looks like?

Get ready for a bumpy ride as earning are being released by Big Tech this week. GOOGL GOOG, Amazon.com Inc. AMZN, Apple Inc. AAPL, Facebook parent Meta Platforms Inc. META and Microsoft Corp. MSFT — prepares to report, there are serious doubts about their near future for the first time. All five have signaled that they are cutting costs or plan to soon, as MarketWatch’s Jon… Continue reading Cusp of Recession. Is this what the beginning looks like?

Amazon Power

Amazon continues its quest by acquiring 1life Healthcare (ONEM) at $18 per share to add to the plethora of Subsidiaries it has built over the years. Amazon.com Inc. AMZN, 1.59% said Thursday it has signed an agreement to acquire One Medical, a primary care organization that operates under 1Life Healthcare Inc. ONEM, 68.32%, for $18 a share in cash, or $3.9… Continue reading Amazon Power

Be a Bull in a Bear market

This year has been one of the toughest first half of the year in quiet some time and although we may be nearing the beginning of the end as the curve seems to be flattening especially on inflation, there is probably still a bit more pain to endure before the last reversal puts us on… Continue reading Be a Bull in a Bear market

Housing Market Cools

The Pandemic shut down most of the US for a short period and then slowly came back online which made the Feds lower interest rates to jump start the economy. What they didn’t expect was the rush of Americans buying up all the homes. With interest rates as low as we will probably never see… Continue reading Housing Market Cools

Jerome Powell Speaks

The overall economy is what’s on the minds of most Americans and definitely on the minds of traders. With 3 rate hikes in the books and the markets in a technical recession everyone wants to know where we stand as Federal Reserve Chairman Jerome Powell reiterated his commitment to combat inflation, while also suggesting the… Continue reading Jerome Powell Speaks

Has the Market hit bottom?

With a technical recession already confirmed and crypto currencies breaking all support levels, Used cars cost more than new ones and home values have soared along with interest rates making it nearly impossible for first time home buyers to buy into the American dream. How will the next few months play out?  We have had… Continue reading Has the Market hit bottom?

A Technical Recession

Stocks have been hammered since the beginning of 2022 with increasing inflation that doesn’t seem to stop. Even after two 50-point base rate hikes, inflation spiked and currently sits at 8.6% up from 8.3% which is the most since 1981. This is very confusing because you have a jobs report that added 390,000 jobs in… Continue reading A Technical Recession

Crypto Legislation Begins

Depending on what side of the Crypto Coin you’re on, Crypto legislation may be good or bad for business. Purists believe it should stay as originally intended… Decentralized. While many others feel that without guaranties from governments and Banks backing it, it may backslide into the abyss. I for one feel that crypto can never… Continue reading Crypto Legislation Begins

Stock-Split Mania

Back in August of 2020 Tesla (TSLA) executed its first stock split of its common shares. The 5-1 split came after the stock had its biggest valuation as the stock price screamed passed 2000 dollars a share. When the split was announced it ripped even higher. Apple had also announced their 6-1 split around the… Continue reading Stock-Split Mania

The Russian “Exodus”. How companies benefited from pulling out of Russia

McDonalds (MCD), Starbucks (SBUX) and Netflix (NFLX) are among the list of companies that exited the Russian market after the unprovoked invasion of Ukraine on Feb. 24th. Nearly 1000 companies have left the country, and not only have they kept their reputation, but they are also being rewarded by financial markets, while those who remain… Continue reading The Russian “Exodus”. How companies benefited from pulling out of Russia

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